Careers at RCS

Job Title: Senior Analyst

Job Type: Full-Time; Exempt

Reports to: Vice President – Acquisitions

Date: March 2022

COMPANY BACKGROUND

Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company sources deals in value-add, opportunistic and high barrier to entry markets. RCS is solutions oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has over 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.

SUMMARY

The Senior Analyst position will assist in the acquisition of commercial properties, expected to include the following product types: industrial, office, retail, multifamily and hospitality with a current focus on office and industrial.  This individual will have strong financial and written communication skills and prior commercial acquisitions or asset management underwriting experience as a real estate investment analyst.

RESPONSIBILITIES

• Creating proformas
• Along with the VP of Acquisitions, presenting deals to company founder and investment committee.
• Drafting offers
• Reviewing legal agreements
• Review and analyze leases and rent rolls
• Collect and analyze due diligence information
• Market research and analysis
• Research and identify new investment opportunities
• Create loan request packages
• Create equity request packages
• Draft investment memos and update reports
• Business analysis
• Creating contract exhibits
• Assist in the periodic reforecasting of investments
• Perform asset management analysis, including business plan modifications, market analysis updates, etc.
• Assisting the team with the many other duties involved in acquiring and supporting the asset management of commercial assets.

To be able to perform the job, this individual will have the following:

• Strong financial skills and experience underwriting commercial real estate assets.
• Proven Excel, Argus, writing, and communication skills with sound judgment are a must.
• Limited travel to visit potential acquisition deals is required

QUALIFICATIONS

We anticipate this position will be demanding; therefore, we seek candidates who are:

• Undergraduate degree in Finance, Accounting or Economics (or related work experience)
• Excellent MS Excel, MS Word, MS PowerPoint, communication, and writing skills
• Excellent Argus valuation software skills required!
• 3+ years of real estate underwriting and investment experience
• Driven and ambitious
• Self‐motivated
• Strong writing skills
• Creative and highly analytic problem solver
• Strong research skills

ESSENTIAL FUNCTIONS

1. Ability to comply with company rules and regulations.
2. Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
3. Ability to operate various office equipment including, computer, telephone, fax, copier, calculator.
4. Ability to work long hours.
5. Ability to write and see things in close proximity.
6. Ability to work independently and refer appropriate matters to supervisor when necessary.
7. Ability to comprehend written and verbal communication.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

Job Title: Senior Counsel
Job Type: Full-Time; Exempt
Reports To: Vice President – General Counsel
Date: March 2022

COMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company sources deals in value-add, opportunistic and high barrier to entry markets. RCS is solutions oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.

SUMMARY
Under the direction of the General Counsel, the incumbent will be responsible for acting as an agent for Real Capital Solutions (RCS) about legal matters, liabilities and rights specifically in the development, construction and commercial real estate business. No litigation work will be required. Work will be transactional and will involve preparation, review and negotiation of development and construction documents and contracts, as well as closing documents about acquisitions and sales.

RESPONSIBILITIES
• Familiarity with and drafting of all documents related to commercial construction and development, including development agreements, joint venture agreements, construction contracts, subcontractor and service agreements, easements, and licenses, etc.
• All aspects of commercial real estate acquisitions and sales, including preparation and negotiation of contracts; all phases of due diligence and closing
• Real estate finance, including loan document review and negotiation as well as loan closings
• Familiarity with commercial leases and ground leases and common community formation documents a plus
• Provide legal advice on any legal matters pertaining to RCS
• Provide legal advice on any suits brought by or against RCS
• Act as a legal consultant for RCS in any legal matters, mediations, arbitrations, and hearings.
• Support all other RCS employees on legal matters
• Draft letters and correspondence on behalf of RCS

QUALIFICATIONS
• Strong academic credentials with a J.D. Degree
• 8 – 12+ year’s experience in construction, development, real estate acquisitions and financing.
• Demonstrated strategic approach to legal problem solving
• Impeccable communication skills both verbal and written
• Ability to work independently on multiple projects and be deadline focused
• Ability to be flexible and adapt to change quickly
• High integrity with the demonstrated ability to learn quickly

ESSENTIAL FUNCTIONS
1. Ability to comply with company rules and regulations.
2. Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
3. Very proficient in Word and ability to operate various office equipment including computer, telephone, fax, copier, calculator.
4. Willingness to work long hours.
5. Ability to work independently and refer appropriate matters to supervisor when necessary.
6. Ability to comprehend written and verbal communication.

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Job Title: Senior Accounting Manager
Job Type: Full-Time; Exempt
Reports To: Senior Finance Director
Date: April 2022

COMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial Real Estate Investment Company pairing active capital with an emphasis on street level solutions. As an active investment management company sources deals in value-add, opportunistic and high barrier to entry markets. RCS is solutions oriented real estate company that focuses on Acquisitions, Development and Management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.
SUMMARY
The Accounting Manager is responsible for all property accounting functions for RCS’s $1.6B real estate investment portfolio, which consists of approximately 80 properties spread across different asset types including commercial, multi-family, development, and for-sale residential. Successful candidates will have an in-depth knowledge of commercial and residential real estate, and preference will be given to those applicants who have experience with job costing and development accounting.

RESPONSIBILITIES
• Accounting
o Oversee the efforts of third-party property management accounting teams for the managed portfolio (~73% of the total portfolio).
o Manage the construction and cost of sales accounting functions for the development, homebuilding, and condo portfolios (~2% of the total portfolio).
o Manage the property accounting functions for internally managed commercial properties (~25% of the total portfolio).
o Work with third-party property managers and equity partners to establish proper accounting and reporting after the acquisition of new properties.
o Monthly review of property- and portfolio-level financial performance; lead monthly financial review meetings with Asset Management.
o Review 1031 exchange accounting with direction from tax department.
o Guide and review acquisition / disposition entries.
o Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
o Lead annual portfolio-level initiatives, including CAM calculations and reconciliations, property budgets, and year-end tax file preparation.
Phone 303.466.2500 | Fax 303.466.4202 | 371 Centennial Parkway Suite 200, Louisville CO 80027 | info@realcapitalsolutions.com | www.realcapitalsolutions.com
o Implementation and management of new reporting tools including consulting with Asset Management on needs and training of Accounting Team
• Management
o Represent Accounting in department and asset management meetings
o Manage the ongoing efforts of the staff through technical instruction and review of work product.
o Support the Senior Finance Director with ad-hoc analysis of the portfolio.
o Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
o Supervise direct reports: establish annual performance goals and objectives; monitor and guide progress to enhance their professional development

QUALIFICATIONS
• Undergraduate degree in accounting required
• Certified Public Accountant (CPA) or equivalent preferred
• Canadian / Foreign transaction experience a plus
• Eight to ten years of progressive real estate accounting experience, with a minimum of three years of management experience
• Detailed understanding of commercial and residential real estate
• Proficient with MRI
• Excellent MS Excel skills and proficient in other MS products
• Strong attention to detail
• Strong organizational and communication skills
• Ability to manage several projects/tasks at one time

ESSENTIAL FUNCTIONS
1. Ability to comply with company rules and regulations.
2. Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
3. Ability to operate various office equipment including, computer, telephone, fax, copier, calculator.
4. Ability to write and see things in close proximity.
5. Ability to work independently and refer appropriate matters to supervisor when necessary.
6. Ability to comprehend written and verbal communication.

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Job Title:                   Financial Analyst
Job Type:                 Full-Time; Exempt
Reports to:              Finance Manager | Senior Finance Director
Date:                         April 2022
COMPANY BACKGROUND

Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company sources deals in value-add, opportunistic and high barrier to entry markets. RCS is solutions oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.

SUMMARY

The Finance Analyst position will assist in the analysis of real estate investment properties or projects, which is expected to include the following: industrial warehouses, suburban office, multifamily, senior housing, hospitality, retail repositioning, townhomes, single family homes, condos, residential land entitlements and other types as the Company continues to diversify.  This individual will have strong financial and written communication skills and prior analysis experience as a Real Estate Investment Analyst.

RESPONSIBILITIES

• Prepare periodic reforecasting of investments using ARGUS, Excel
• Review and analyze actuals to budget to forecast
• Review cash forecast and present recommendation in meeting.
• Uploading proformas and loan information for acquisitions
• Upload new leases and loan agreements
• Reviewing legal and loan agreements for lender compliance, waterfall calculations
• Review and analyze leases and rent rolls
• Create loan draw request packages
• Business analysis including hold/sell analysis
• Assist the finance, accounting and other RCS teams with other duties involved in acquiring and supporting the Asset Management of Commercial assets.
• Work with Business Development to enhance automated processes

To be able to perform the job, this individual will have the following:

• Strong financial skills and experience underwriting commercial real estate assets.
• Proven Excel, Argus Enterprise, writing, and communication skills with sound judgment are a must.

QUALIFICATIONS

We anticipate this position will be demanding; therefore, we seek candidates who are:

• Undergraduate degree in Finance, Accounting or Economics (or related work experience)
• One – 4 years finance experience
• Excellent MS Excel, MS Word, MS PowerPoint, communication, and writing skills

• Proficient in Argus Enterprise software
• Experience in Commercial Real Estate investment.
• Experience with TM1 or other database software a plus
• Driven and ambitious
• Self‐motivated
• Creative and highly analytic problem solver
• Strong research skills

ESSENTIAL FUNCTIONS

1. Ability to comply with company rules and regulations.
2. Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
3. Ability to operate various office equipment including, computer, telephone, fax, copier, calculator.
4. Ability to work long hours.
5. Ability to write and see things in proximity.
6. Ability to work independently and refer appropriate matters to supervisor when necessary.
7. Ability to comprehend written and verbal communication.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

Job Title:                General Counsel
Job Type:               Full-Time; Exempt
Reports To:           Chief Legal Officer
Date:                       June 2022

COMPANY BACKGROUND

Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company that source deals in value-add, opportunistic and high barrier to entry markets, RCS is a solution oriented real estate company that focuses on acquisitions, development, operations, and management of highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.

SUMMARY

The General Counsel is head of the legal team who reports to the Chief Legal Officer and leads all legal aspects of the Company’s real estate activities and operations, such as acquisitions/dispositions, like-kind exchanges, ownership structuring and tax planning, joint ventures, real estate finance, leasing, and development/construction. This position maintains compliance with relevant contract policies and procedures and provides direct support to the company’s acquisition and development team as well as other business units.    The GC will manage and lead the legal team of real estate attorneys, paralegals, and legal assistants. No litigation work is required; however, the GC will engage, work with, and manage outside counsel relative to all company litigation.

RESPONSIBILITIES

• Manage all aspects of commercial real estate acquisitions and sales, including preparation and negotiation of contracts, all phases of due diligence and closing documentation.  The role includes working with outside counsel, counterparties, 1031 exchange accommodators, insurers, and other third-party consultants
• Manage real estate financing, including loan document preparation, review, and negotiation, as well as loan closings
• Structuring and preparation of documents for ownership structuring and formation of entities, and familiarity with tax related aspects (including 1031 tax exchanges). Will include preparation of joint venture and operating agreements, corporate documents, and like-kind exchange documents
• Familiarity with development and construction of commercial real estate, including construction contracts, subcontractor and service agreements, easements, and licenses.
• Ensure proper departmental processes and procedures, including tracking of transaction tasks, parties, and key dates, and communicate with team as necessary on issues and tasks as they arise
• Familiarity with commercial leases and ground leases and common community formation documents
• Communicate regularly with RCS officers to achieve established goals for the legal department and for properties under operation and management; provide legal advice on all legal matters pertaining to RCS
• Manage outside counsel and function as a legal consultant for RCS in any litigation arbitrations and/or mediations
• Assist with a variety of business-related functions and provide sound legal and business judgment on matters including acquisitions, loans, equity raises, joint ventures and development
• Support all other RCS employees on legal matters related to RCS business

QUALIFICATIONS

• Possess a strong understanding of internal and external company dealings to ensure the best business strategy is followed and the best decisions for RCS are made.
• Strong academic credentials with a J.D. Degree
• 12 – 15+ years’ experience in all aspects of commercial real estate acquisitions, dispositions, financing, development, and construction, joint ventures/entity formation and ownership structuring
• Substantial real estate financing experience
• Substantial experience conducting real estate acquisition due diligence, including review and resolution of title and survey matters
• 5 – 8 years’ experience supervising other attorneys and paralegals
• Demonstrated strategic approach to legal problem solving
• Impeccable communication skills – both verbal and written
• Ability to communicate effectively and professionally with outside parties and in-house colleagues
• Excellent organization, time-management, analytical, and critical thinking skills.
• Ability to work independently on multiple projects and be deadline focused
• High attention to detail and the ability to adapt to changing priorities
• Ability to be flexible and adapt to change quickly
• High integrity with the demonstrated ability to learn quickly
• Proficient in MS Word and Excel

ESSENTIAL FUNCTIONS

1. Ability to comply with company rules and regulations
2. Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing)
3. Very proficient in Word and ability to operate various office equipment including computer, telephone, scanner, copier, calculator
4. Willingness to work long hours
5. Ability to work independently and refer appropriate matters to supervisor when necessary
6. Ability to comprehend written and verbal communication

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to stand, walk, talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.